USA: Gap Names Nick Cullen Global Supply Chain Chief

Trendy clothing giant Gap Inc on Monday announced the appointment of new supply chain and information technology executives.

The California-based company named Nick Cullen executive vice president and chief supply chain officer, and Michael Tasooji as executive vice president and chief information officer.

In a statement, Gap said Cullen will replace Chuck Crovitz, who quit in July, with his responsibilities including global product sourcing, quality assurance and distribution for the company's Gap, Banana Republic and Old Navy brands.

The 49-year-old was most recently president, North America Supply, for beer, wine and spirits goliath Diageo Plc, and will oversee the sourcing of products from more than 1,000 garment factories in more than 50 countries.

"Gap Inc's diverse, global sourcing base and logistics network is a strong point of competitive advantage for us," commented president and CEO, Paul Pressler. "Nick's experience in developing and implementing highly integrated supply chain networks will help us expand our current capabilities and create even more robust, flexible and cost-effective ways to serve our customers."

The operator of more than 4,200 stores said 46-year-old Tasooji succeeds senior vice president and CIO Ken Harris, who has decided to leave the company at the end of this fiscal year to pursue other professional interests.

He joins Gap from The Walt Disney Company, where he was senior vice president and CIO. Prior to that role, he held various senior IT positions within Disney.

"Michael has broad strategic experience in migrating businesses from complex legacy systems to more strategic and versatile technology platforms designed to support growth," said Gap CFO Byron Pollitt.

"We have clearly defined information technology strategies in place to enhance our business capabilities. These initiatives in support of our strategies are well under way and we do not anticipate significant changes as a result of Michael coming on board."

He added for fiscal 2003, the company's capital expenditures for information technology are expected to be about $140 million.

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